Tagged south korea

Macau welcomed nearly 31 million tourists last year

January 28, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, the Statistics And Census Service has announced that the number of tourists visiting in 2016 increased by 0.8% year-on-year to 30.95 million while the average occupancy rate for the city’s 107 hotels ...

South Korean group arrested for running illegal Thai online gambling operation

Adam Morgan

January 24, 2017

Latest Casino and Gambling News, Illegal Bookmaking, Online Gambling News, Thailand

In Thailand, police reportedly arrested four South Korean men over the weekend for operating an alleged illegal online sportsbetting operation out of a rented house in the resort city of Pattaya. According t...

Gaming expert recommends Macau lower casino tax rates

Adam Morgan

January 12, 2017

Latest Casino and Gambling News, Macau, Taxation

In Macau, a local gaming expert has reportedly recommended that the government should consider lowering the tax rate on VIP gaming revenues in order to ensure that the city’s casino industry remains competitive...

Foreign tourists to help Macau revival in 2017

Adam Morgan

December 29, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Macau’s effort to reinvent itself by premiering more family-friendly attractions is reportedly set to pay off next year as the former Portuguese enclave is expected to see a huge surge in tourists and mass-mark...

Bloomberry Resorts Corporation interested in opening a casino in Japan

Adam Morgan

December 13, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Philippines

Philippines casino operator Bloomberry Resorts Corporation has reportedly revealed that it would be interested in opening a facility in Japan should proposed enabling legislation make it through the nation’s up...

New joint venture planned for Caesar’s Casino Incheon development

Adam Morgan

December 6, 2016

Latest Casino and Gambling News, Casino proposals, Mergers, Acquisitions & Partnerships, South Korea

A subsidiary of American casino operator Caesars Entertainment Corporation has reportedly reached a deal to create a new joint venture that intends to take over control of the $739 million plan to construct and...

Jeju Island provincial government to impose stricter regulations on casinos

Renee Kingsley

December 5, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, South Korea

The South Korean casino industry has continued to grow steadily during the last couple of years and Jeju casinos have played a significant role in this growth as Jeju Island is close to the China border and off...

Influential government committee passes proposed Japanese casino legislation

Adam Morgan

December 2, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Japan

In Japan, proposed legislation that would legalize casino gambling passed through an influential House Of Representatives committee on Friday despite a walk-out staged by critics opposed to the government’s rap...

Maryland’s MGM National Harbor opens December 8

Adam Morgan

December 1, 2016

Latest Casino and Gambling News, Casino News, Casino openings, New Hotels, Casino project updates, Maryland

In Maryland, the MGM National Harbor is scheduled to open on Thursday, December 8, with the $1.3 billion development from MGM Resorts International set to offer an around-the-clock array of 3,600 slots and 150 ...

Vietnam considers legalizing some forms of sportsbetting

Adam Morgan

November 29, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Mobile gaming, Horse Racing, Sports betting, Vietnam

As it works through the process of legalizing specific types of gambling, the government for Vietnam has announced plans to trial some forms of online and land-based sportsbetting while permitting wagering on h...

High tax rates expected in coming Vietnam casino legislation

Adam Morgan

November 17, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Vietnam

The government for Vietnam is soon expected to publish long-awaited draft legislation containing provisions for those wanting open an integrated casino resort in the country although prospective operators could...

Saipan casino operator denies federal investigation rumor

Adam Morgan

November 16, 2016

Latest Casino and Gambling News, Saipan, Crime, Northern Mariana Islands

In the Commonwealth Of The Northern Mariana Islands, casino operator Imperial Pacific International Holdings Limited has announced that it has not received any notification to suggest that it is being investiga...

Efforts to pass Japan casino bill delayed until 2017

Adam Morgan

November 15, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Japan

Proposed legislation that would legalize casino gaming in Japan is reportedly not likely to pass through the current session of the Asian nation’s parliament this year due to time constraints and the effects of...

First-year success for Best Sunshine Live

Adam Morgan

November 4, 2016

Latest Casino and Gambling News, Economy/Finance, Northern Mariana Islands

In the Commonwealth Of The Northern Mariana Islands, the temporary Best Sunshine Live casino on Saipan ended its first year in business in October by recording a second highest monthly VIP chip turnover of $3.8...

Kangwon Land Profits up by 6% in Q3

Alex Lanter

November 3, 2016

Economy/Finance, Financial Press Releases, South Korea

The largest South Korean casino resort, the Kangwon Land Resort, has just released their Q3 profits for 2016. According to the numbers, the only national casino resort in South Korea has had an even better year...